Saia (SAIA) Gross Margin (2010 - 2022)
Saia's (SAIA) quarterly Gross Margin came in at 88.17% in Q1 2022, down 253.0% on a YoY basis from 57.62% in Q1 2021, and down 0.55% quarter-over-quarter from 88.66% in Q4 2021.
Analysis
Saia (SAIA) Gross Margin (2010 - 2022) Analysis & Trends
Saia (SAIA) has reported Gross Margin for 13 consecutive years, with 88.17% the latest figure, recorded in Q1 2022.
- For the quarter ending Q1 2022, Gross Margin fell 253.0% year-over-year to 88.17%; the trailing twelve-month figure through Mar 2022 stood at 88.53% (down 307.0% YoY), and the FY2025 full-year result was 92.75%, up 14.0% from the prior year.
- Gross Margin eased to 88.17% in Q1 2022 per SAIA's latest filing, from 88.66% in the prior quarter.
- Across five years, Gross Margin topped out at 93.68% in Q2 2020 and bottomed at 88.17% in Q1 2022.
- Historically, Gross Margin has averaged 91.48% across 5 years, with a median of 92.36% in 2019.
- The sharpest annual moves came in 2018 and 2021: Gross Margin surged 108 bps in 2018, then plunged 462 bps in 2021.
- Over 5 years, Gross Margin stood at 92.95% in 2018, then declined by 0 bps to 92.88% in 2019, then fell by 2 bps to 90.59% in 2020, then retreated by 2 bps to 88.66% in 2021, then slipped by 1 bps to 88.17% in 2022.
- According to Business Quant data, Gross Margin over the past three periods registered 88.17%, 88.66%, and 88.28% for Q1 2022, Q4 2021, and Q3 2021 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 37.71 Bn | 37.42 Bn | 1.52 Bn | 97.83% |
| 2 | Hunt J B Transport Services | 25.19 Bn | 25.19 Bn | - | - |
| 3 | Xpo | 21.57 Bn | 21.27 Bn | 1.89 Bn | 80.30% |
| 4 | FedEx Freight Holding Company | 18.58 Bn | 18.58 Bn | - | - |
| 5 | Knight-Swift Transportation Holdings | 11.20 Bn | 11.02 Bn | 1.77 Bn | 84.63% |
| 6 | TFI International | 10.95 Bn | 10.74 Bn | - | - |
| 7 | Saia | 9.28 Bn | 9.19 Bn | - | - |
| 8 | Schneider National | 5.92 Bn | 5.39 Bn | 1.00 Bn | 63.86% |
| 9 | Arcbest | 3.05 Bn | 2.88 Bn | 1.14 Bn | 95.93% |
| 10 | Werner Enterprises | 2.33 Bn | 2.27 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2022 | 88.17% |
| Dec 31, 2021 | 88.66% |
| Sep 30, 2021 | 88.28% |
| Jun 30, 2021 | 89.06% |
| Mar 31, 2021 | 90.70% |
| Dec 31, 2020 | 90.59% |
| Sep 30, 2020 | 91.68% |
| Jun 30, 2020 | 93.68% |
| Mar 31, 2020 | 93.27% |
| Dec 31, 2019 | 92.88% |
| Sep 30, 2019 | 92.36% |
| Jun 30, 2019 | 92.64% |
| Mar 31, 2019 | 93.08% |
| Dec 31, 2018 | 92.95% |
| Sep 30, 2018 | 92.66% |
| Jun 30, 2018 | 92.04% |
| Mar 31, 2018 | 92.38% |
| Dec 31, 2017 | 92.18% |
| Sep 30, 2017 | 91.58% |
| Jun 30, 2017 | 92.14% |